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Home News

Sharp practices in mining end soon

The Matters Press by The Matters Press
November 13, 2019
Reading Time: 2 mins read
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The sharp practices in Nigeria’s mining are in focus as the federal government declares that it is no longer tolerating the situation.

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Dr Uchechukwu Ogah, Minister of State for Ministry of Mines and Steel Development, has said government would no longer tolerate false declaration of mineral production.

Ogah, head of the Committee on the Optimisation of Revenue from Mineral Resources Sector, spoke in Abuja shortly after Mr Olamilekan Adegbite, Minister of Mines and Steel Development, inaugurated the 15-member team.

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“The days of those who are in the habit of making false declarations of their mineral production or engage in other forms of sharp practices with the intention of evading revenue payments is over,“ Ogah said.

He said it was regrettable that in spite of the huge potential in the solid minerals sector, it was not contributing enough to the country`s Gross Domestic Product (GDP).

He said the dismal performance was unacceptable and promised that the committee would work as a strong team to produce workable strategies that would enable the ministry to reverse the ttrend within the shortest possible time.

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“We will work assiduously with our eyes focused on the goal of optimising the revenue generation capability and capacity of the ministry and the mineral resources sector.

“We will work with our hands open and our ears on the ground to receive good counsel and input from stakeholders who love to see the mineral resources sector grow and make significant contributions to the country`s GDP,’’ Ogah said.

The minister said he was inspired by the confidence reposed on him to head the committee, adding that its members would bring in their professional expertise to make the committee a success.

Ogah, however, said the support and cooperation of heads of agencies, directors, zonal and federal mines officers in states and staff of the ministry were crucial to the success of the committee.

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